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About BuzzFeed
Industries
Consumer Goods
Entertainment
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
2006
Overview
BuzzFeed creates and shares a variety of online content aimed at informing, entertaining, and inspiring its audience, particularly targeting millennials and Gen Z. The content includes news, entertainment, lifestyle articles, and DIY projects, appealing to a wide range of interests. BuzzFeed generates revenue through multiple channels: it displays advertisements on its website and social media, partners with brands for sponsored content, engages in affiliate marketing by promoting third-party products, and sells BuzzFeed-branded merchandise directly to consumers. What sets BuzzFeed apart from its competitors is its distinctive voice, viral content, and strong presence on social media, which helps it connect with a global audience. The company's goal is to create engaging and shareable content while effectively monetizing it through diverse revenue streams.
Simplify's Take
What believers are saying
- High-profile investors like Vivek Ramaswamy could drive innovation and growth.
- BuzzFeed's exclusive product launch at Target enhances revenue through strategic retail partnerships.
- Acquisition of eco-friendly startup aligns with growing demand for sustainable products.
What critics are saying
- Departure of key communications leader may affect public relations strategies.
- Integration of acquired startup may challenge alignment with BuzzFeed's business model.
- Stake acquisition by political figure could shift company strategy or public perception.
What makes BuzzFeed unique
- BuzzFeed leverages viral content to create engaging multimedia projects like 'Puppy Love'.
- The company has a strong social media presence targeting millennials and Gen Z.
- BuzzFeed's unique voice and diverse content cater to a global audience.
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Funding
Total Funding
$984.3M
Above
Industry Average
Funded Over
10 Rounds
New Enterprise Associates
Andreessen Horowitz
SoftBank
SV AngelBenefits
Wellness - Comprehensive benefits for medical, dental, and vision insurance with a focus on Wellness. Plus discounts on Gyms, Care.com, and access to resources like Maven, Tend Dental, and One Medical.
Planning for the future - Take advantage of the 401(k) plan with a company match, short and long-term disability coverage and life insurance.
Work-life balance - We offer our employees paid time off (including your birthday!), paid holidays and generous leave options for life events such as becoming a parent or getting married.
Career development - Opportunities for personal and professional growth via work experience, offerings from our in-house Learning @ BuzzFeed team, our Employee Resource Groups, and more.
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -1%2 year growth
↓ -1%/PRNewswire/ -- Edge One Capital today announced its stake in BuzzFeed, Inc. It plans to be an active and constructive partner in increasing long-term...
Former Republican presidential candidate and biotech entrepreneur Vivek Ramaswamy has purchased a minority stake in BuzzFeed, the digital publishing company that shut down its media outlet last year. Shares of the company skyrocketed higher Wednesday. Ramaswamy acquired a 7.7% stake in BuzzFeed, according to a filing with the Securities and Exchange Commission late Tuesday. Ramaswamy […]
FilmRise, the New York City-based film, television studio and streaming network, has acquired worldwide digital media rights to a library of content from the BuzzFeed Studios portfolio of brands.
NEW YORK, September 29, 2023 - BuzzFeed, Inc. (Nasdaq: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generations the world has ever seen, today announced the launch of its newest product line the Goodful Clean Ceramic Cookware.
Mittenthal joined Buzzfeed in 2017 to lead comms for its news division, and later took responsibility for the rest of the company's communications as well.
BuzzFeed is Hiring for 5 Jobs on Simplify!
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About BuzzFeed
Industries
Consumer Goods
Entertainment
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
2006
BuzzFeed is Hiring for 5 Jobs on Simplify!
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to BuzzFeed